$XVG Long Liquidation: $1.1695K at $0.01414
“Bulls Get Trapped!
$XVG /USDT has taken a wild turn, plummeting -7.4% to hit $0.01350, triggering a dramatic long liquidation of $1.1695K at $0.01414. What started as a hopeful rally has quickly turned into a nightmare for those holding long positions. After touching $0.01520, the price saw a swift rejection, and now, the bears are taking control, forcing liquidations to cascade throughout the market.
The tension is palpable as the price dives lower, testing critical support levels at $0.01300. If this support fails, we could see a deeper retracement toward $0.01200 or even $0.01050. The volume is growing, and the bears are coming for the bulls, who were too confident in their long positions.
This sudden drop has shaken the market, but it also presents a potential opportunity for those looking to short or catch the next swing. Will $XVG find support and reverse, or will the bears continue to push it lower?
Keep your eyes on the charts — $XVG/USDT is in the middle of a volatile battle that could swing in any direction!